Elkhart Lake, WI vs Lodi, WI

Elkhart Lake, WI and Lodi, WI have a very similar cost of living, with only a 3.9% difference in their overall index. Elkhart Lake scores 89 while Lodi scores 93 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Elkhart Lake is $1,121/month compared to $1,180/month in Lodi — a 5% difference. Home values follow the same pattern: Elkhart Lake is more affordable at $285,200 median vs $286,500.

Median household income in Elkhart Lake is $86,071 compared to $109,821 in Lodi (-21.6%). While Lodi is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elkhart Lake spend roughly 15.6% of their income on rent, more than the 12.9% in Lodi.